Meesho shares sink for eighth consecutive session in longest post-listing sell-off. What's driving the decline?
New Delhi, June 4 -- E-commerce firm Meesho saw its shares remain under pressure for the eighth straight session on Thursday, 4 June, falling another 5% to Rs.166.60 apiece, the lowest level since April. The sustained decline has wiped out 16.6% of the stock's value and also marked its longest losing streak since listing in December 2025.
Despite the company delivering a solid performance in the March-ended quarter, investor sentiment remained weak ahead of the lock-in expiry scheduled for 9 June 2026.
Around 68% of Meesho's pre-IPO shareholding is set to come out of lock-in on Tuesday, making shares worth nearly Rs.54,000 crore eligible for trading from the following day. This excludes nearly 20% of the company's share capital, which w...
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